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Crescent Processing company Complaint

Dishonest business practices by Crescent Processing Company

CPS salesman said their % of all credit cards was the same, no higher fees for rewards cards, etc. When they did the verbal authorization I was told that if I ever decided to quit their service to just send back the machine, no questions asked. When I discovered that the %'s were higher than promised and that rewards cards were even higher, I tried to cancel, but was then told it was $500 cancellation fee! They are dishonest, and I would never recommend them or deal with them again. As of today, even though I paid to cancel my account, they have debited yet another month of their ridiculous fees. I hope soon to be out of their grip, they are an awful company!! Stay away from them!!

Comments

The 450 cancellation fee is standard in the industry. Same as the 250 for cell phone service. If I call sprint and cancel my cell phone and they charge me the 250, is that sprint being "dishonest"? On the application in LARGE print states the cancellation fee which again is standard in the industry.

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